Litecoin founder says he has sold all his holdings in the cryptocurrency

The creator of litecoin has sold off all of his holdings in the cryptocurrency he created.

Charlie Lee, who founded litecoin in 2011, said on Reddit today that he had "sold and donated" all of his litecoin tokens over the past few days -- except for some physical ones he keeps as "collectibles."

Lee said he is sometimes accused of talking about the price of the digital currency on Twitter for "personal benefit."

"Some people even think I short LTC (litecoin)!" he said. "So in a sense, it is conflict of interest for me to hold LTC and tweet about it because I have so much influence." ...

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